AirDog

Autonomous Drone for Sports

Company Information

Website:

https://www.airdog.com/

Location:

Riga, Latvia

AirDog is an autonomous consumer drone that allows sports enthusiasts to capture themselves in action.

AirDog believes drone technology will be the predominant solution for self-made videos in action sports and that it is the best way to capture yourself in action.

AirDog aims to radically improve every sports enthusiasts’ footage by bringing an aerial perspective once reserved for pro athletes. AirDog is an autonomous drone that takes “follow me” drone technology to a new level with sport-specific flight modes that are enhanced with motion prediction technology and are designed to cope with the unique challenges that action sports bring.

Much like action cameras, drones were originally limited to “early adopters.” The AirDog allows everyday daredevils to capture themselves in that surf session or mountain bike ride in all its richness, instead of more typical shots from a helmet or chest-mounted action camera.

AirDog’s mission is to offer thrill seekers and adventurers simplicity so they can keep their focus on the action itself.

SOME TESTIMONIALS
“AirDog is the action-sport drone GoPro needs to beat (or buy).” -- James Trew, Deputy Managing Editor at Engadget

“I am constantly looking to innovate & push progression of self producing. With AirDog I'm ten steps ahead of the next guy.” -- Aaron Chase, Professional Mountain Biker.

“The drone market is growing quickly but is filled with “me-too” commodity products. Airdog has created a unique solution with a controller and auto-pilot capabilities targeted at filming action sports.”-- Konstantin Othmer, Investor who has invested in numerous companies including Tesla Motors and Android.

FACTS
* Recipient of the Best Drone or Robot award at CES
* $2.5M in pre-sales; currently retailing in nine countries
* Current round led by strategic investor Wistron Corporation (multi-billion dollar ODM which will manufacture AirDog going forward)
* Successful Kickstarter campaign raised $1.3M

Team Background

Edgars Rozentals - CEO & Co-Founder

Edgars is a successful serial entrepreneur who previously built several software companies.

Before starting AirDog, Edgars founded a web software development and consulting group, which became one of the leaders in the Baltic States.

Edgars has been building and flying unmanned aerial vehicles (UAVs) for years.

Agris Kipurs - COO & Co-Founder

Agris founded one of the first accelerators in the Baltic States when he was 23, investing in the most promising startups from the region.

The accelerator was later backed by the government of Latvia and scaled to a portfolio of 50+ startups.

Ilya Nevdah - CTO & Co-Founder

Ilja has more than 10 years of experience leading engineering teams and working as a lead software developer for Exigen Services and RIX TechnologiesLike Edgars.

He has been building and flying UAVs as an enthusiast for years.

Co-Investors

Base Ventures

Seed-stage venture fund, investor in AngelList, Buffer, PandoDaily and Aptible

Seraph Group

Early stage venture group with a network of 277 angel investors.

Wistron Corporation

One of the largest original design manufacturers in the world.

IT Farm

Early stage VC fund with offices in Japan and Silicon Valley.

Raising
$4 million
Committed
$2.639 million (66%)
Current Valuation
$12 million
Min. Investment
$10000
Deal Type
Title II
(For accredited investors only)
Offering Type
Equity
Finance History
  • $2.5 million
    2015-05-20
    Unknown Lead
  • $445K
    2015-12-04
    Unknown Lead
Notable Investors
  • Base Ventures
  • Seraph Group
  • Wistron Corporation
  • IT Farm
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